About SOCAN
SOCAN is a company based in Toronto (Canada). It operates as a Licensing Model, and Professional Services. SOCAN has completed 2 acquisitions, including Audiam and MediaNet Digital. SOCAN offers products and services including Performing Rights Management, Reproduction Rights Licensing, and Music Licensing.
- Headquarter Toronto, Canada
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Audiam
& 1 more
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Products & Services of SOCAN
SOCAN offers a comprehensive portfolio of products and services, including Performing Rights Management, Reproduction Rights Licensing, and Music Licensing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Performing rights are managed for music creators effectively.
Reproduction rights are licensed for music usage legally.
Music licenses are provided for businesses and events.
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Leadership Team
26 people
Software Development Team
25 people
Legal and Compliance
9 people
Product Management Team
7 people
Finance and Accounting
6 people
Data Analysis and Operations Team
6 people
Sales and Marketing
6 people
Operations Team
6 people
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Funding Insights of SOCAN
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by SOCAN
SOCAN has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Audiam and MediaNet Digital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Royalty collection management platform for Artists
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2013 | ||||
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Media-related services are provided through digital platforms.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SOCAN
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Socan Comparisons
Competitors of SOCAN
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SOCAN
Where is SOCAN located?
SOCAN is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does SOCAN do?
SOCAN is involved in managing performing and reproduction rights for over 185,000 music creators and publishers in Canada and globally. The organization is dedicated to licensing music usage, ensuring fair compensation through royalty distribution, and advocating for ethical and legal music use. Services are provided to both music creators and businesses, connecting music with various industries and events. Customized solutions are offered to meet individual needs in the music licensing sector.
What products or services does SOCAN offer?
SOCAN offers Performing Rights Management, Reproduction Rights Licensing, and Music Licensing.
How many acquisitions has SOCAN made?
SOCAN has made 2 acquisitions, including Audiam, and MediaNet Digital.